The article analyzes Donald Trump's seemingly erratic behavior, arguing that beneath the surface lies a coherent plan to reverse the decline of the US as a global leader. This plan focuses on two main objectives: preventing China from surpassing the US as the world's hegemon and addressing America's economic imbalances.
The article highlights China's economic and technological advancements, particularly its role as the "factory of the world" and its progress in areas like quantum computing and artificial intelligence. Trump's strategy involves using tariffs and other measures to restrict China's access to key technologies and markets, thereby hindering its technological progress and military capabilities.
The article points out that the US has experienced a loss of industrial competitiveness, outdated infrastructure, and a large trade deficit. Trump aims to use tariffs to reduce this deficit, hoping to encourage businesses to relocate their operations to the US, and ultimately, boost domestic manufacturing and revenue.
Trump's use of tariffs is not viewed as a purely economic measure, but rather as a crucial element of a broader geopolitical strategy. This includes:
The article acknowledges that Trump's plan may face challenges. The EU's and China's responses to Trump's tariffs are uncertain, and the success of the plan depends on various factors.